NORTHWAY FINANCE LIMITED

🌳Matureactive
SC075393 · ltd · incorporated 1981-06-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 43.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 43.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 43.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (58/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-06-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-06-17
    🔓
    Charge satisfied #1
  7. 2021-11-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-10-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2020-10-23
    ➕
    BANNERMAN, Ross Mackenzie appointed
    director
  10. 2020-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2019-10-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2019-01-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2018-10-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2017-10-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-11-30
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  16. 2016-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-11-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 1982-08-20
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  19. 1981-06-24
    🏢
    Company incorporated
    As NORTHWAY FINANCE LIMITED

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Bannerman Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bannerman Company Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
NORTHWAY FINANCE LIMITED
This company · SC075393

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bannerman Company Limited
Corporate entity
75–100%
—75-100% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated1981-06-24
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

The Burgage, 2 Knockbreck Road
Tain
Ross-Shire
IV19 1BW

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (4 active · 0 resigned)

BANNERMAN, Lynne Ross→
secretary
View their other companies + combined net worth →
Active
BANNERMAN, Iain Alasdair→
director · ~84y
View their other companies + combined net worth →
Active
BANNERMAN, Robert Ross→
director · ~82y
View their other companies + combined net worth →
Active
BANNERMAN, Ross Mackenzie→
director · ~53y · appointed 2020-10-23
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property20/08/198217/06/2022

Recent filings (85 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-small
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-small
accounts · AA
2024-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-small
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-13
accounts-with-accounts-type-small
accounts · AA
2022-10-31
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-12
accounts-with-accounts-type-small
accounts · AA
2021-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-13
accounts-with-accounts-type-small
accounts · AA
2020-10-29
appoint-person-director-company-with-name-date
officers · AP01
2020-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-14